Market Watch

A Sampling of Advisory Opinion

A Sampling of Advisory Opinion.

Rates Rise on Inflation Pressure Cantor Viewpoint by Cantor Fitzgerald 110 E. 59th St., New York, N.Y. 10022 May 10: [With the announcement that it was raising rates by 25 basis points, or one-quarter of a percentage point, to 5%], the Federal Open Market Committee's language was more hawkish than markets had anticipated based upon earlier Fed-speak, as the FOMC left open the possibility of a future interest-rate hike(s). And the Committee did not even rule out such a hike at the June 29 FOMC meeting, even though they clearly did not signal any pre-commitment to such a June-meeting hike...As a result of the...